Please answer with explanations asset turnover, return on total assets, return on stockholders equity and return on common stockholders equity .Thx Six Measures of Solvency or ProfitabilityThe following data were taken from the financial statements of Gates Inc. for the current fiscal year.$1,725,000Property, plant, and equipment (net)Liabilities:Current liabilities$150,000Note payable, 6%, due in 15 years750,000Total liabilities$900,000Stockholders' equity:Preferred $4 stock, $100 par (no change during$540,000year)Common stock, $10 par (no change during year)540,000Retained earnings:Balance, beginning of year$576,000Net income219,000 $795,000Preferred dividends$21,600Common dividends53,40075,000Balance, end of year720,000Total stockholders' equity$1,800,000Sales11 846 250&6.789.y еBookA CalculatorRetained earnings:Balance, beginning of year$576,000Net income219,000 $795,000Preferred dividends$21,600Common dividends53,40075,000Balance, end of year720,000Total stockholders' equity$1,800,000Sales$11,846,250Interest expense$45,000Assuming that total assets were $2,565,000 at the beginning of the current fiscal year, determine the following. When required, round to onedecimal place.a. Ratio of fixed assets to long-term liabilities2.3b. Ratio of liabilities to stockholders' equity0.5c. Asset turnoverd. Return on total assets%e. Return on stockholders' equityf. Return on common stockholders' equity%24&8backsetykCVmaltctrl

Asset Turnover ratio represents the contribution of assets in revenue creation. Return on Assets…

Answered: Please answer with explanations asset…

Please answer with explanations asset turnover, return on total assets, return on stockholders equity and return on common stockholders equity .Thx

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 53CE: Profitability Ratios The following data came from the financial statements of Israel Company:...

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Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Also, assume that the dividends paid to common stockholders for last year were 2,600,000 and that the market price per share of common stock is 51.50. Required: 1. Compute the dividends per share. 2. Compute the dividend yield. (Note: Round to two decimal places.) 3. Compute the dividend payout ratio. (Note: Round to two decimal places.)
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